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Pullback from the supports: next resistance is at 260 then 277

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PFS: 36.70 is at a long term support now, oversold and having a positive divergence. It is having a strong support at 35. Rs: 43 _ 45 & 48 will be resistances.

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Alphageo:772 is trading in Flag bottom support, over sold ,with a positive divergence, Having next res: 888 and 950 Stop:750

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Below 9912 today’s Supports are 9898_9875 & 9852 Weekly above 9993 Nifty’ Resistances will be 10028_10086 &100127 Weekly below 9877 Nifty’ Supports will be 9841_9784 & 9726 Monthly above 10037 Nifty' Resistances will be 10110 _10229 & 10348 Monthly below 9799 Nifty' Supports 9726_ 9607 & 9488

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Below 24321 today’s Supports are 24290_24239 & 24189 Weekly above 24512 BankNifty’ Resistances will be 24599_24740 & 24882 Weekly below 24230 BankNifty’ Supports will be24142_24001 & 23860 Monthly above 24707 BankNifty’ Resistances will be 24947 _25535 & 25723 Monthly below 23930 BankNifty’ Supports will be 23690_ 23302 & 22914

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TVS Srichakra:3349 is currently trading near a pitch fork channel support, oversold and having a positive divergence. Res:3600_3950 & 4300 support:3300

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Yesbank seems to be in Primary wave having a target around 1970 in an year. We are in Intermediate wave (5) needs few months to an year to complete. (on request)

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BANKNIFTY: 24434 is trading below the long term Trend Line (BLUE) resistance level,and with in the upward green channel support. The falling red channel is incomplete with only a single point at bottom. 24614 horizontal line having strong resistance & the 23820 is support. Above 24474 toady’s Resistance 24540_24600 & 24670 Below 24400 today's Supports are...

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Career Point: ₹ 113 made a huge gain of nearly 18% on last trading day, with a positive news of acquisition of another e-learning company Plancess Edusolution,following a doubling in profit. It can cross the next resistance ₹120 easly and the next target will be around ₹180 level. Stop:₹104 Carrier having a normal ₹74 cr business with a ales than 5% ROE, hope...

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31Aug17 Nifty' Spot:9884. NIFTY' OPTIONS MAXPAIN IS AT 9850

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Justdial:346.60 is at double bottom support area. My earlier post about the breakout from the falling TL didn’t attained the expected target690, but it reached 620 an came down. Here is another signal kind of a Double Bottom with a positive divergence in indicator. My minimum expectation is only 436. on crossing that level it can move to 620. stop:327

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Nifty:9796 is hourly oversold can find a resistance around 9870. we are in a correction, and every pull back is an opportunity to short. Expecting a minimum 38.2 % fall of the total bull run from 7984 to 10138, come around 9300.

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RCOM:23.25 Huge Loss maker is poised for a breakout from the falling wedge. Resistance will be at 30 and 44' Stop 22.5

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Yesterday Nifty' made a small spinning top is showing strong Resistance at 9949 while the current support is 9700. As I mentioned earlier it cannot move higher and the Aug series expiry is expected near 9800 While keeping a long term Bullish scenario in mind, I expect Nifty' to make a correction towards 9300 in the next series. The Channel Resistance...

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BANKNIFTY: 24274 also trading on top of a down trend channel, a break above 24400 will be bullish but least expected with the current indicator positions. Above 24350 toady’s Resistance 24400_24476 & 24530 Weekly above 24366 BN Resistance will be 24470_24515_ 24665 & 24770 Weekly below 24180 BN Supports will be 24030_23884_23778 & 23735 Monthly above 24260...

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Nifty:9857 is trading at the top of a down trend channel with indicators oversold. External clues SGX' etc may also be positive,This week But I am expecting a deep cut towards 9700 as the MACD reached below Zero line. On the other hand, if trade above 9875 the falling trend line will change the scenario and Nifty’ will turn bullish. strong resistance at...

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SML Isuzu Ltd: ₹ 922 is highly oversold and trading near the bottom support line with positive divergence I the indicators. Res: ₹1080 & ₹1160, Stop: ₹903 Monthly chart breaking the long term Support.

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A pull back was expected last week and went up to 9947, the correction now has taken as impulsive form. But the pullback was little bigger than expected. It almost regained 58% (262/452) of the fall from 10138. Normally a pullback greater than 50% is considered to be a sign of recovery. But all the indicators are showing a corrective nature. This week do not...